Earlier this year, the Pi Coin Network was forced to respond to reports that they had launched their token publicly. This was after another project launched a token that was quickly picked by leading crypto exchanges, including Huobi and XT.com.
Following the controversy, Pi Coin announced that their mainnet was enclosed, meaning that it was live, but with a firewall that prevents any unwanted external connectivity. They indicated that the enclosed mainnet was launched in December 2021 and has continued to remain in that state since then.
On the question of whether the project would be launched to avoid the controversy that was seen early this month, the platform indicated it was a work in progress. They also indicated that the listing of the Pi Coin in exchanges was a decision only those exchanges could make. However, they also indicated that the only way for their project to be listed was after their opened their enclosed mainnet.
Pi Coin Price Forecast
As seen from the above analysis¸, Pi Coin is not yet listed on any exchange. This is despite the project having millions of users partly due to its simple-to-use mining platform that allows people with mobile phones to participate.
The continued delay in launching their mainnet to the public has come under criticism in the past, with some people accusing the project of being a scam and others accusing it of mining their customers’ data.
The Pi Coin Network users have also become frustrated over the years in what they see as intentional delays of the projects. This is despite making up one of the largest communities of yet-to-be-launched cryptocurrency projects. The discontent has also resulted in some of its community member accusing the project and its founder of running a scam, that possibly uses data from its millions of users.
Therefore, as seen from the above analysis, it is not possible to forecast Pi Coin price. Today, its value remains null, and unless it is launched and listed in exchanges, current Pi Coin holders cannot be able to exchange their digital assets.